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“# MicroStrategy stock explodes alongside Bitcoin rally ” Shares of MicroStrategy (MSTR) surged to one-month highs on Tuesday, as Bitcoin’s (BTC) gravitational pull on crypto proxy stocks continued to strengthen following another record-breaking rally for the digital asset. Shares of the business intelligence firm touched an intraday high of $770 on the New York Stock…
“# Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer ” Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy. Speaking at the Crypto Mining Forum online event today, Colyer said he…
“# ShapeShift launches native Bitcoin trading via THORChain ” ShapeShift, a cryptocurrency exchange based in Switzerland, has announced full integration with THORChain, enabling direct trading of native Bitcoin (BTC) with Ethereum (ETH) and Litecoin (LTC). As of Tuesday, ShapeShift’s mobile users have the ability to make cross-chain swaps without the use of an intermediary, custodian…
“# The race to ‘decarbonize Bitcoin’ accelerates with Decarbbitcoin Labs initiative ” DecarbBitcoin Labs, an environmentally-focused think tank founded by Community Electricity, is taking a hands’ on approach to fighting climate change in California — and is using Bitcoin (BTC) mining as its first prototype. Building off California’s Environmental Justice Program, whose mission is to…
“# Nvidia triples revenue forecast for crypto mining GPU sales ” Nvidia says the positive performance of its various market segments has seen the company revise its initial forecasts for Q1 of fiscal 2022. The company made this known during its annual investor day on Monday revealing total revenue for Q1 is already tracking above…
“# JPMorgan, Mastercard lead $65M ConsenSys raise ” ConsenSys, a prominent blockchain software company, has raised $65 million in strategic investments from major financial institutions including JPMorgan Chase, Mastercard and UBS, offering yet another sign that traditional finance is entering the crypto space. The investment round will aid ConsenSys in expanding its enterprise blockchain infrastructure…
“# DeFi tracker Step Finance raises $2M from Solana ecosystem investors ” Step Finance, a Solana-native decentralized finance protocol, announced the completion of a private token sale for $2 million, which will help build and develop its platform. The round, disclosed on Tuesday, saw participation from notable Solana backers including Alameda Research, the hedge fund…
“# All the ways the Coinbase stock listing may disrupt the crypto market ” After an extended period of speculation as to when Coinbase would finally go live with its public stock listing, the United States-based cryptocurrency exchange released a blog post earlier this month stating that it had registered with the U.S. Securities and…
“# Miami nightclub accepts Bitcoin as nightlife cautiously returns ” A nightclub in Miami is set to return from oa COVID-19-related shutdown of over a year by accepting Bitcoin (BTC) and other cryptocurrencies as a form of payment. Luxury nightclub E11even Miami announced Tuesday that it will soon start accepting cryptocurrency as payment for tables, drinks,…
“# Crypto.com will provide liquidity to Finxflo in new partnership ” Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement today, Crypto.com said it would be joining Finxflo as the firm’s first liquidity provider, reportedly allowing the exchange to increase…